Region: Serbia

Real estate investors take Serbia to ICSID

Claimants apparently linked to a Canadian family of private equity investors have brought a treaty claim against Serbia over a real estate project – bringing the number of pending ICSID proceedings involving the Balkan state to seven.

01 June 2022

Serbia braces for backlash over lithium project

Serbian President Aleksandar Vučić has said he expects Anglo-Australian mining group Rio Tinto will seek international arbitration if his government goes ahead with plans to cancel a multibillion-dollar lithium exploration project that has sparked nationwide protests.

14 January 2022

Billboard bust-up leads to claim against Serbia

An outdoor advertiser had launched an ICSID claim against Serbia alleging its concession was breached when a rival was also granted permission to operate billboards in Belgrade.

18 March 2021

ICSID panel won’t halt Serbian criminal proceedings

An ICSID tribunal hearing a claim against Serbia over the alleged expropriation of a dairy farm has refused to order the state to pause a criminal investigation into a key witness in the arbitration.

17 March 2021

Broadband provider brings ICSID claim against Serbia

A TV and broadband provider has filed an ICSID claim against Serbia, alleging it has suffered harassment from state authorities while its competitors have benefited from preferential treatment.

09 February 2021

Belgrade Arbitration Center

27 January 2020

Foreign Trade Court of Arbitration at the Chamber of Commerce and Industry of Serbia

04 January 2019

Belgrade Arbitration Center

04 January 2019

Austrian art storage company secures damages against Serbia

UPDATED. An Austrian logistics company specialising in the storage and transport of art has won damages in an ICSID case against Serbia after a tribunal accepted the state had breached its legitimate expectations in relation to a contract which has been held never to have entered force under Serbian law.

22 November 2018

Russian bank pursues troubled Croatian food group

Russia's Sberbank is pursuing an LCIA claim against Croatia's financially troubled food retail group Agrokor - the largest employer in the Balkan region - seeking to recover bank loans worth €450 million.

29 August 2017

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